Market Commentaries

07 Feb

Dow Hits All-Time High Before China GDP Estimates Ruin Streak

February 7, 2020 After two consecutive weekly losses, bulls and opportunists re-grouped this week to send the Dow Jones Industrial Average to an all-time high of 29,379.77. The week’s rally was driven by news that the Chinese central bank would inject more than $242 billion to support its country’s economic growth, while indicating it would…

Read More
31 Jan

Markets Struggle as the World Mobilizes to Contain Coronavirus

January 31, 2020 Global markets sold off this week as traders remained fixated on developments surrounding the coronavirus outbreak in Wuhan, China. The dip comes despite governments, world health organizations, and companies aggressively mobilizing to ease the public’s concern over the outbreak. Travel bans have begun being implemented, and several airlines have ceased operations to…

Read More
24 Jan

China Sneezes, Markets Catch Cold

January 24, 2020 Stocks pulled back from their record-setting run this week as China’s coronavirus outbreak dominated market headlines. The outbreak, which originated in China in December has spread throughout Asia and around the world, sparking concerns of a potential negative impact on global economic output. The headlines swirling around China detracted from another strong…

Read More